Mubasher TV
Contact Us Advertising   العربية

Kingdom Holding Co. announces its Interim Financial Results for the Period Ending on 2023-03-31 ( Three Months )

KINGDOM 4280 0.99% 7.17 0.07
Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change
Sales/Revenue 672,129 450,045 49.35 623,296 7.83
Gross Profit (Loss) 427,741 250,246 70.93 367,984 16.24
Operational Profit (Loss) 520,690 6,146,558 -91.53 545,501 -4.55
Net Profit (Loss) after Zakat and Tax 171,070 5,925,619 -97.11 250,302 -31.65
Total Comprehensive Income 1,553,972 3,238,820 -52.02 1,914,048 -18.81
All figures are in (Actual) Saudi Arabia, Riyals
Element List Current Period Similar period for previous year %Change
Total Share Holders Equity (after Deducting Minority Equity) 32,280,711 33,090,977 -2.45
Profit (Loss) per Share 0.05 1.6
All figures are in (Actual) Saudi Arabia, Riyals
Element List Explanation
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is The reason of the decrease in the net profit during the current quarter compared to the same quarter of the last year is due to no gain was realized in the partial sale of equity-accounted investee, in which the company realized a gain in the partial sale of its stake in Four seasons Holdings during the first quarter of the year 2022. However, should that gain be excluded; the company achieved an increase in the net profit during the current quarter compared to the same quarter of last year, whereas the company achieved an increase in dividend income, decrease in zakat expense, increase in share of results from equity-accounted investees, increase in hotels and other operating revenues. Despite the increase in financial charges, increase in hotels and other operating costs, decrease in income from gain on investments at FVTPL, decrease in finance income, increase in withholding and income tax and decrease in other gains, in addition to increase in general, administrative and marketing expenses.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter of the current year is The reason of the decrease in the net profit during the current quarter compared to the previous quarter is due to decrease in share of results from equity-accounted investees, decrease in hotels and other operating revenues, decrease in finance income, increase in financial charges, increase in general, administrative and marketing expenses and increase in withholding and Income tax. Despite the increase in dividend income, decrease in impairment of financial assets, increase in other gains, decrease in hotels and other operating costs, and decrease in zakat expense.
Statement of the type of external auditor's report Unmodified conclusion
Reclassification of Comparison Items N/A

Comments